Global Ship Lease (GSL) Interest Expenses (2009 - 2026)
Global Ship Lease's (GSL) quarterly Interest Expenses came in at $10.5 million in Q1 2026, down 6.63% year-on-year from $11.2 million in Q1 2025, and down 8.93% quarter-over-quarter from $11.5 million in Q4 2025.
Global Ship Lease (GSL) Interest Expenses (2009 - 2026) Analysis & Trends
Global Ship Lease's Interest Expenses history runs 18 years deep, the most recent figure standing at $10.5 million for Q1 2026.
- On a quarterly basis, Interest Expenses fell 6.63% year-over-year to $10.5 million in Q1 2026; TTM through Mar 2026 was $45.4 million, a 10.45% decrease from a year earlier, with the FY2025 full-year figure at $2.0 billion, up 3593.23% from the prior year.
- Interest Expenses fell to $10.5 million in Q1 2026 per GSL's latest filing, from $11.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $17.7 million in Q3 2023 and bottomed at -$41.4 million in Q2 2022.
- The 5-year median for Interest Expenses is $12.2 million (2025), against an average of $7.9 million.
- Across the five-year window, Interest Expenses plunged 235.15% in 2022 and soared 184.14% in 2023, its largest moves.
- Year by year, Interest Expenses stood at $17.0 million in 2022, then retreated by 0.2% to $17.0 million in 2023, then dropped by 28.52% to $12.1 million in 2024, then retreated by 5.3% to $11.5 million in 2025, then declined by 8.93% to $10.5 million in 2026.
- Per Business Quant, the three latest GSL Interest Expenses figures stand at $10.5 million (Q1 2026), $11.5 million (Q4 2025), and $12.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 3,084,216.90 Bn | 3,084,215.99 Bn | 57.20 Mn | -112.20 Mn |
| 2 | Danaos | 37,407.52 Bn | 37,406.64 Bn | 203.71 Mn | 23.11 Mn |
| 3 | Sfl | 1,574.06 Bn | 1,573.91 Bn | 66.27 Mn | -38.14 Mn |
| 4 | Capital Clean Energy Carriers | 37.96 Bn | 37.42 Bn | 95.52 Mn | -23.03 Mn |
| 5 | Kirby | 9.76 Bn | 9.69 Bn | 291.34 Mn | 3.48 Mn |
| 6 | Matson | 6.49 Bn | 6.39 Bn | - | 407.70 Mn |
| 7 | C3is | 5.03 Bn | 5.03 Bn | 10.51 Mn | -1,852.00 |
| 8 | Hafnia | 3.79 Bn | 3.79 Bn | 152.41 Mn | -12.94 Mn |
| 9 | Intercont (Cayman) | 3.29 Bn | 3.29 Bn | - | - |
| 10 | Global Ship Lease | 1.55 Bn | 1.55 Bn | - | 10.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.47 Mn |
| Mar 31, 2026 | 10.47 Mn |
| Dec 31, 2025 | 11.50 Mn |
| Dec 31, 2025 | 11.50 Mn |
| Sep 30, 2025 | 12.25 Mn |
| Sep 30, 2025 | 12.25 Mn |
| Jun 30, 2025 | 268,448.00 |
| Jun 30, 2025 | 268,448.00 |
| Mar 31, 2025 | 11.22 Mn |
| Mar 31, 2025 | 11.22 Mn |
| Dec 31, 2024 | 12.14 Mn |
| Dec 31, 2024 | 12.14 Mn |
| Sep 30, 2024 | 12.65 Mn |
| Sep 30, 2024 | 12.65 Mn |
| Jun 30, 2024 | 14.72 Mn |
| Jun 30, 2024 | 14.72 Mn |
| Mar 31, 2024 | 15.90 Mn |
| Mar 31, 2024 | 15.90 Mn |
| Dec 31, 2023 | 16.99 Mn |
| Dec 31, 2023 | 16.99 Mn |